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Lamborghini Enters the World of Non-Fungible Tokens (NFTs)

After a series of social media posts that hint at it, Italian supercar-maker Lamborghini has finally announced its first NFT (non-fungible token) project. Space Key was developed in collaboration with a non-disclosed artist and based upon advanced carbon fiber composite materials that were sent to the International Space Station as research material, is a project that has been revealed by Lamborghini.

Developed in collaboration with NFT PRO(tm)

Lamborghini, the Italian supercar maker is making its first step into non-fungible tokens (NFTs). The new project, called the Space Key, is a work of art created in collaboration with an unknown artist. The unique NFT is a physical item that has a link to exclusive digital artwork that can be accessed via a QR code that is located on the back. The project is limited to five pieces and will be auctioned off in the coming weeks.

The Space petron key to lamborghini (just click Technetbloggers) is made from a carbon fiber composite material which lamborghini diablo key shipped to the International Space Station in 2019 as part of an investigation project. The carbon fiber was transformed into a unique art work when it returned to Earth. The physical piece is imprinted with an NFT serial number, which is tied to the digital artwork using a QR code that is located on the back.

For those who do not know, NFTs are unique identifiers recorded on a distributed blockchain ledger and tied to a digital asset, such as a picture, video or music. This allows owners to guarantee authenticity and scarcity as well as trackability of tokens via the internet.

311135906_1281855972636056_2987376612771239945_nlow.jpgWorking with NFT PRO which is a white-label NFT solution for businesses, Lamborghini is taking this unique approach to art to the next level. In the coming weeks, Lamborghini will reveal details about this exciting venture. This will include the names of the artists that are not known as well as a timeline for auction.

The physical aspect of the Space Key

Following multiple social media posts teasing some kind of space-themed item, Italian supercar maker Lamborghini has stepped into the realm of tokens that are not fungible (NFT) with an exclusive project called Space Key. It was developed in collaboration with an unidentified artist the NFT is a collectible item that will be auctioned off within a few weeks time. Its base is comprised of an advanced carbon fibre composite material, which was sent to the International Space Station in 2019 as part a research project. Carbon fiber was 3D printed to form the base of every Space Key. Each Space key lamborghini aventador is linked to an exclusive digital artwork via an QR code. Just five Space Keys have been produced.

NFTs are unique identifiers that can be recorded on distributed ledgers like the Blockchain and linked to digital assets such as images. It's a hot subject among those with more money than common sense. It was only an issue of time before automakers decided to cash in.

Space Key consists of five units. The components were built with a physical part of the carbon fiber composite that was sent to the ISS in 2019. Each NFT will be linked to an exclusive digital artwork by the same artist by using QR codes on the backside of the carbon fiber element. More details will be shared in the coming weeks and days including the name of the artist along with the digital artwork and how to purchase one of the five Space Keys.

The digital artwork

After several weeks of posts on social media that hint at it, a prestigious car manufacturer Lamborghini has finally announced its first non-fungible token (NFT) project. The Space Key is a collection of five physical items which allows you to access an exclusive digital work by the yet to be identified artist. The collectors' piece was created in collaboration with NFTPRO(tm) and is limited to only five units. It will be auctioned soon.

At the center of each Space Key is a block of advanced carbon fire composite material that was sent to the International Space Station in 2019 as part of a research program. After returning to Earth, the block was engraved with a QR codes that connect to the digital component in the Space Key.

Each of the five Space Keys will feature a separate moment that occurs a few seconds apart as the Lamborghini Ultimae lifts off toward the stars. Over 600 million pixels up each of the five images which were taken by photographer Fabian Oefner.

311170119_2306394586188303_2849487588620745484_nlow.jpgOefner utilized a balloon with a camera to take each of the individual images, that were then merged to create the final image. The result is an out-of-this world photograph that captures both the beauty of the Earth and the futuristic, hyper-realistic image of the car erupting from it. The Space Keys will be auctioned off in the near future, however the exact date and time of the auction hasn't been set yet.

The auction

With the slogan 'to the moon', the prestigious automobile manufacturer lamborghini huracan key has entered the realm of non-fungible tokens (NFT) with a mesmerizing project developed in collaboration with NFT PRO(tm). The Space Key is an NFT made of composite carbon fiber that was actually shipped to the International Space Station for research purposes in 2019. The physical sample has now been cut into five distinct items that each link to exclusive digital artworks created by an undisclosed artist via the QR code printed on their backs.

The auctions, which occur between February 1 until February 4, last for 75 hours and 50 minutes - the same time it took for Apollo 11 to leave Earth and enter the lunar orbit. The five NFTs are available for bidding by registering online. Each one will be sold individually and the winner will receive a digital image created by renowned photographer Fabian Oefner, which captures the five different moments that the Space Key passed during its flight through space.

In the next few weeks, we'll unveil all the details of the Space Key as well as the digital artworks accompanying it. This includes the identity of the unknown creator as well as the method of purchasing these incredible artworks. Stay tuned to Lamborghini's Instagram for all the info you require!

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